Revenue segments as reported by the company.

Software

Consulting

Infrastructure

Financing

Cloud & Cognitive Software

Global Business Services

Global Technology Services

Systems

Global Financing

Other

Revenue Segments

Gross Profit, Operating Income, and Net Income as a percentage of Revenue

Gross Margin

Operating Margin

Profit Margin

Margins

An operating expense is an expense a business incurs through its normal business operations. Often abbreviated as OPEX.

SG&A

Intellectual property and custom development income

Other expense

Interest expense

Operating Expenses

Year over year growth in Revenue and Operating Expenses.

Revenue Y/Y

OpEx Y/Y

Growth

Shares outstanding refer to a company's stock currently held by all its shareholders, including share blocks held by institutional investors and restricted shares owned by the company's officers and insiders.

Outstanding Shares

Market Cap

Also known as Price/Sales Ratio. Calculated using Average market cap for the quarter / Annualized quarterly revenue.

Revenue Multiple

International Business Machines Corp. is an information technology company, which provides integrated solutions that leverage information technology and knowledge of business processes. It operates through the following segments: Software, Consulting, Infrastructure, Financing, and Other. The Software segment combines hybrid cloud platform and software solutions to help clients become more data-driven, and to automate, secure and modernize their environments. It includes all software, except operating system software reported in the Infrastructure segment. The Consulting segment provides capabilities in business transformation and technology implementation. Consulting designs and builds open, hybrid cloud architectures and optimizes key workflows and business processes with IBM and ecosystem partner technologies. The Infrastructure segment offers solutions for hybrid cloud, and is the foundation of the hybrid cloud stack. Infrastructure is optimized for infusing AI into mission-critical transactions and tightly integrated with IBM Software including Red Hat for accelerated hybrid cloud benefits. Infrastructure also includes remanufacturing and remarketing of used equipment with a focus on sustainable recovery services. The Financing segment facilitates the acquisition of information technology systems, software and services through its financing solutions. The financing arrangements are predominantly for products or services that are critical to the end users’ business operations and support IBM’s hybrid cloud platform and AI strategy. The company was founded by Charles Ranlett Flint and Thomas J. Watson Sr. on June 16, 1911 and is headquartered in Armonk, NY.

Earnings data Q1 2021

Earnings data Q2 2021

Earnings data Q3 2021

Earnings data Q4 2021

Earnings data Q1 2022

Earnings data Q2 2022

Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

IBM reports strong Q4 earnings, eyes revenue and margin growth

IBM's Q4 2022 performance showcased strong revenue growth and successful client collaborations, despite facing challenges from external factors impacting margins. The company is focused on seizing opportunities through strategic investments and guiding for continued revenue and margin improvements in 2023.

IBM reports solid Q1 results, focuses on hybrid cloud and AI for growth

IBM's Q1 performance reflects growth in revenue, driven by Software and Consulting, with a focus on hybrid cloud and AI. While facing challenges in lower revenue growth projections and pricing dynamics, IBM is optimistic about PTI improvements and cash flow. Opportunities lie in AI initiatives, currency impact, and strategic M&A moves.

IBM reports solid Q2 earnings, eyes growth through strategic AI

IBM's Q2 2023 performance was strong, with revenue growth, margin expansion, and robust free cash flow generation.
The company's strengths lie in its hybrid cloud and AI strategy, strategic collaborations, and focus on enterprise AI.
Challenges include regional AI maturity variations, pricing dynamics, acquisition alignment, and data privacy concerns.
Opportunities abound in IT optimization, international expansion, strategic acquisitions, and AI-driven productivity gains.

IBM reports solid Q3 growth driven by generative AI focus

IBM's Q3 2023 performance reflects strong financial growth, particularly in software and consulting revenue, supported by a focus on generative AI and strategic partnerships.
While challenges exist in deploying generative AI and sustaining growth in certain segments, IBM's financial stability and innovative approach position it well for future opportunities.
Opportunities lie in leveraging generative AI for revenue growth, enhancing client-specific solutions, and expanding market presence through strategic initiatives.
Overall, IBM's performance highlights resilience, adaptability, and a strategic vision for delivering value to enterprise clients in a competitive landscape.

IBM reports solid 2023 performance, eyes growth through AI and partnerships

IBM's strong financial performance in 2023, driven by software and consulting growth, sets the stage for continued success in 2024.
Strategic partnerships, AI initiatives, and cost-saving measures bolster IBM's competitive edge and financial resilience.
Challenges in sustaining growth and revenue recognition require careful management and strategic foresight.
Opportunities in AI, digital transformation, and strategic acquisitions position IBM for growth and market outperformance in 2024.

IBM reports strong Q1 performance driven by cloud and AI

IBM's Q1 2024 performance reflects strength in hybrid cloud and AI, with solid revenue and cash flow growth.
Despite challenges in consulting revenue and software growth targets, opportunities lie in global demand and strategic acquisitions.
Maintaining a balance between addressing challenges and leveraging strengths will be crucial for sustained growth.
IBM's disciplined M&A strategy and focus on innovation position the company for continued success in the software and cloud market.

IBM reports robust Q2 earnings, focuses on AI and hybrid cloud growth

IBM's Q2 2024 earnings call highlighted strong performance in software and infrastructure, with a focus on hybrid cloud and AI strategies. Despite challenges in the consulting segment, the company raised free cash flow expectations and remains disciplined in M&A. Opportunities lie in AI strategy, open-sourcing models, and Red Hat's growth in containerization and hybrid cloud solutions.

IBM reports robust Q3 earnings, focuses on AI solutions

IBM's Q3 earnings call highlighted strong software revenue growth, challenges in consulting and infrastructure, and a focus on enterprise AI solutions. Despite macroeconomic uncertainties, the company remains confident in its ability to drive revenue growth and maintain profitability. IBM's strategic partnerships and innovations position it well for future opportunities.

Revenue

Cost of revenue

Gross profit

Operating expenses

Operating income

EBITDA

Net income

Earnings per share

Total assets

Current assets

Cash & equivalents

Receivables

Inventory

Non-current assets

Net PPE

Intangibles

Total liabilities

Current liabilities

Short term debt

Income tax payable

Non-current liabilities

Long-term debt

Total equity

Stockholders equity

Minority interest

Total liabilities & equity

Total debt

Net debt

Book value per share

Cash from operations

Funds from operations

Change in working capital

Cash from investing

Capital expenditure

Purchase/sale of investments

Purchase/sale of business

Other sources

Cash from financing

Change in stock

Change in debt

Cash dividends paid

Cash from other sources

Net change in cash

Free cash flow

International Business Machines Corp. is an information technology company, which engages in the provision of integrated solutions that leverage information technology and knowledge of business processes. It operates through the following segments: Software, Consulting, Infrastructure, Financing, and Other. The Software segment combines hybrid cloud platform and software solutions to help clients become more data-driven, and to automate, secure, and modernize their environments. The Consulting segment focuses on integrating skills on strategy, experience, technology and operations by domain and industry. The Infrastructure segment offers solutions for hybrid cloud, and is the foundation of the hybrid cloud stack. Infrastructure is optimized for infusing AI into mission-critical transactions and tightly integrated with IBM Software including Red Hat for accelerated hybrid cloud benefits. The Financing segment refers to the client and commercial financing, facilitating IBM clients’ acquisition of IT systems, software, and services. The company was founded by Charles Ranlett Flint and Thomas J. Watson Sr. on June 16, 1911 and is headquartered in Armonk, NY.

A key component of income investing is a portfolio that includes safe dividends, those that are unlikely to shrink or disappear.

Just How Safe Is IBM Stock's Dividend?

Computing behemoth IBM IBM is slated to report its Q4 2023 results January 24, reporting on a quarter that is likely to have seen IT spending remain lackluster. We estimate that IBM's revenue will come in at about $17.3 billion for the quarter, roughly in line with the consensus estimates and about 3% ahead of last year.

Up 21% In The Last Six Months, Will IBM Stock See Further Gains Post Q4?

iShares Russell 2000 ETF

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Last year was booming for artificial intelligence ( AI ). Generative AI became mainstream, and enterprises started making investments in the space.

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Archer-Daniels-Midland Company

Baker Hughes Co

CVS Health

Dow Inc

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Ford Motor Company

ManpowerGroup

MetLife

Pfizer

Philip Morris

Southern Company

Verizon

Exxon Mobil

The Summer 2023 edition of Fortune Magazine revealed 500 biggest U.S. companies by-revenue. Dogcatcher's quest to sniff-out the best-dividend buys focused on 68 industry-leaders using YCharts 1/12/24 data. Those 68 industry-leaders were segmented into 21 business-sectors, ranging (alphabetically) from apparel to wholesalers. 3 of the 68 were private or foreign-exchange listed firms are not tracked-by YCharts, leaving 65 listed. 58 dividend yielding stocks led those 68 industry leaders and ranged 0.18% to 8.92% in annual yield and ranged -10.48% to 38.16% in broker estimated one-year price target upsides.

Buy 4 January Dividend Fortune 500 Industry Leaders (Of 68), Watch 4 More

Block

Regardless of their price volatility, cryptocurrencies always remain in the spotlight. However, the biggest developments are on the blockchain technology front and that's where investors will find long term value creators.

The 3 Best Blockchain Stocks to Buy for January 2024

IBM (IBM) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

IBM (IBM) Earnings Expected to Grow: Should You Buy?

Enables IBM consultants to build and interact with role-based Assistants powered by IBM watsonx Early adopter teams using IBM Consulting Advantage saw productivity improvements of up to 50% in an application design, development and testing pilot ARMONK, N.Y. , Jan. 17, 2024 /PRNewswire/ -- Today, IBM (NYSE: IBM) Consulting is rolling out IBM Consulting Advantage, an AI services platform designed to support IBM consultants in delivering consistency, repeatability and speed for our clients.

IBM Introduces IBM Consulting Advantage, an AI Services Platform and Library of Assistants to Empower Consultants

The latest trading day saw IBM (IBM) settling at $166.96, representing a +0.7% change from its previous close.

IBM (IBM) Increases Despite Market Slip: Here's What You Need to Know

Apple

American Express

Salesforce

Cisco Systems

Visa

The Dow Jones Industrial Average is widely expected to continue to perform well in 2024. The index represents 30 of the most prominent U.S. firms that are considered to be the most important Equities within the New York Stock Exchange and the nasdaq.

7 Dow Stocks Poised to Shine in a Strong 2024 U.S. Economy

Darden Restaurants

Kinder Morgan

Vail Resorts

Rio Tinto plc Sponsored

Stellantis N.V. 

If the will-it-or-won't-it game that the Federal Reserve is playing tips the hat toward monetary policy doves, then investors really ought to consider high-yield dividend stocks for falling interest rates. To be sure, recent consumer data shows that prices rose 0.3% higher than expected.

7 High-Yield Dividend Stocks That Will Thrive as Interest Rates Drop

Despite the AI boom, industry leader IBM has been left behind in terms of stock valuation, presenting a solid investment opportunity. Historical milestones in AI from IBM, including Deep Blue and Watson, showcase the company's enduring legacy and expertise in the field.

Missed Out on the Artificial Intelligence (AI) Boom? My Best AI Stock to Buy and Hold.

Zscaler

While seemingly everyone loves talking about the dramatic advancements in technology in recent years, investors ought to consider the caboose of this freight train: cybersecurity stocks. No, it's not the sexiest idea to bring to the table.

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Canaan Inc.

Cipher Mining

Coinbase

Intel

Riot Blockchain

If Federal Reserve Chair Jerome Powell really does reduce interest rates, then forward-looking investors ought to consider blockchain stocks. True, you can always go for the individual cryptocurrencies.

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NEW YORK , Jan. 15, 2024 /PRNewswire/ -- As we enter 2024, the retail landscape is undergoing a transformation, propelled by changes in consumer preferences and advancements in new technologies. According to a recent IBM (NYSE: IBM) Institute for Business Value study today's discerning shoppers expect a tailored shopping journey, complete with the convenience of product choices, detailed information, diverse payment methods and a seamless integration of in-store and online experiences that cater to their individual preferences.

NRF 2024: IBM Reports Generative AI Can Bridge the Consumer Expectation Gap with Unified, Integrated Shopping Experiences

ARMOUR Residential REIT

Chevron

Kenvue

If you're a growth investor, an article about overlooked high-yield dividend stocks is not for you. However, with the recent numbers showing that inflation is that dinner party guest that is overstaying its welcome, you may not want to dismiss income-generating stocks too quickly.

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Alphabet

Procter & Gamble

Blue chip stocks offer more stability than high-flying growth stocks. While stable stocks often have lower returns, they can still outperform the market.

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QUALCOMM

SAP SE

Workday

With the collaboration, IBM aims to harness the power of advanced AI capabilities for retail businesses and complement SAP solutions.

IBM Teams Up With SAP to Tap Generative AI for Retail Sector

As consumer packaged goods brands look to manage cost inflation, IBM is seizing on the opportunity to drive sales with smarter supply chain solutions. The tech giant announced Thursday (Jan. 11) a partnership with software company SAP on artificial intelligence solutions for CPG and retail industries focused on supply chain, operations and more.

IBM Adds AI Solutions for CPG as Brands Combat Rising Costs

Aiming to Drive business efficiency using generative AI Innovation to build on IBM and SAP AI Partnership   ARMONK, N.Y. , Jan. 11, 2024 /PRNewswire/ -- IBM (NYSE: IBM) today announced its collaboration with SAP to develop solutions to help clients in the consumer packaged goods and retail industries enhance their supply chain, finance operations, sales and services using generative AI.

IBM Collaborates with SAP To Develop New AI Solutions for the Consumer Packaged Goods and Retail Industries

Sempra Energy

While many, if not most investors, appear bullish about the market's prospects this year, it's never a bad time to consider long-term dividend stocks. By that, we're talking about profitable, relevant enterprises that you can trust.

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Amgen

“The Dogs of the Dow” system involves purchasing the index's 10 stocks with the highest dividend yields at the end of each year. Using the technique has a few major advantages.

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AbbVie

"Dividend Aristocrats. in the S&P 500 Index… have raised their annual payouts every year for at least 25 consecutive years."--Kiplinger.com/Investing.

3 Dividend Aristocrats Signal Buy In January With 7 To Watch

News for IBM Stock (IBM)